14. Since the 1960s, macroeconomists have become more aware Group of answer choices -that increases in government expenditures are more effective than tax reductions as a source of economic stimulus. -that  persistent inflation will reduce the unemployment rate. -of both the potential and the limitations of fiscal and monetary policy as stabilization tools. -of the fact that fiscal policy is more potent than monetary policy.   Which is correct?

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Chapter36: Six Debates Over Macroeconomic Policy
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14.

Since the 1960s, macroeconomists have become more aware
Group of answer choices
-that increases in government expenditures are more effective than tax reductions as a source of economic stimulus.
-that  persistent inflation will reduce the unemployment rate.
-of both the potential and the limitations of fiscal and monetary policy as stabilization tools.
-of the fact that fiscal policy is more potent than monetary policy.
 
Which is correct?
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